Wednesday Oct 1 | Hotel Business
Despite Rudnitsky's Success, Apparently Wyndham Now Wants More
A little more than two years ago, the former Cendant Corp. underwent a major restructuring that resulted in four separate publicly owned companies, one of which ultimately became what we know today as Wyndham ...
Rudnitsky's Severance Pay US$2.2m
Wyndham Hotel chief announces resignation Wyndham Hotel Group chief executive Steven Rudnitsky is stepping down from his post to pursue other interests, and will collect $2.2 million in severance on his way ...
Wyndham hotel chief steps down
Wyndham Hotel Group chief executive Steven Rudnitsky is stepping down from his post to pursue other interests, and will collect $2.2 million in severance on his way out, the company said.
Wyndham reports higher 2Q profit, lowers forecast
Wyndham Worldwide Corp. said Thursday that its second-quarter earnings gained 2 percent, beating Wall Street's profit expectations, although its revenue missed forecasts and the company cut its full-year ...
PTW Eats: They do burgers better, hot dogs too
PARSIPPANY -- Four co-workers in the hotel division of the former Cendant Corp. in Parsippany had always talked about going into business together.
PTW Eats: They do burgers better, hot dogs too
PARSIPPANY -- Four co-workers in the hotel division of the former Cendant Corp. in Parsippany had always talked about going into business together.
Judge Allows Cendent Deposition
A federal judge on Tuesday granted a request by prosecutors and Cendant Corp. to depose Walter Frobes, the company's imprisoned former chairman in an effort to collect $3.2 billion he was ordered to pay in ...
Judge allows deposition of former Cendant chairman
A federal judge on Tuesday granted a request by prosecutors and Cendant Corp. to depose the company's imprisoned former chairman in an effort to collect $3.2 billion he was ordered to pay in restitution.
BUSINESS: Oil rebounds on word Israel practiced Iran attack
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Government sues ex-Cendant chairman, seeking $22M 7:57PM ET
The U.S. government and the company formerly known as Cendant Corp. are suing the conglomerate's imprisoned former chairman, seeking at least $22 million in assets they say he tried to hide.
U.S., firm want to hear from ex-Cendant chief
Federal prosecutors and Cendant Corp. want to depose the company's former chairman in an effort to collect on a $3 billion restitution order after he was convicted in a massive accounting fraud scandal.The move ...
High Court Rejects Executive's Appeal
The U.S. Supreme Court rejected an appeal from Walter Forbes, the former Cendant Corp.
Wyndham Worldwide profit falls, holds forecast
Wyndham Worldwide Corp , the world's No. 2 hotel group by rooms, said on Thursday first-quarter profit fell as growth in its economy hotel business was offset by a one-time charge related to the rebranding of ... via Reuters
REDMOND: Progress has been slow but steady in the lawsuit originally filed in 2005 against Trendwest by 10 employees for a variety of discrimination-related causes. via Street Talk
Midas Signs 62,000-SF Lease...
“Recruiting in most sectors appears to be holding its own.”
Midas, with its North American headquarters here, has signed a 10-year lease for 62,599 sf at 1300 N. Arlington Heights Rd. via GlobeSt.com
E&Y Settles Cendant Case for $300M
Ernst & Young settled for nearly $300 million a lawsuit brought against it by Cendant Corp. via NYSSCPA.org
Defrauder's kin must give back millions
The family of former Cendant Corp. executive E. Kirk Shelton, including his wife and two sons, plus two companies and a trust for his children will hand over $25.6 million in assets, including a condo in Vail, ... via Denver Post
Cendant To Curtail Acquisitions.
In a statement accompanying the release of Cendant's latest results, Chairman, President and CEO, Henry R. Silverman indicated that the company is to refocus its acquisition strategies. via Eyefortravel
Concerned Over Potential Break Up Outcome, Stifel Downgrades IACI
“This decade-long project in poor capital allocation needs to end”
IAC/Interactive shares are lower Monday morning after Stifel Nicolaus analyst Scott Devitt cut his rating on the company to Hold from Buy. via The Internet Stock Blog
Family of Cendant's Shelton to return $26M
The family of former Cendant Corp. executive E. Kirk Shelton, including his wife and two sons, plus two companies and a trust for his children will hand over $25.6 million in assets to victims of the $3 billion ... via Daily Record